The Financial sector has been on the discussion table for quite some time now. An action that began on the 14th of August, 2017 set off a chain of events that has culminated in the revocation of a number of licenses of financial institutions in the sector.
A new set of measures and reforms were also announced from the regulators of the industry particularly the Bank of Ghana. On the 16th of August 2019, the Bank of Ghana revoked the licenses of 23 savings and loans companies and finance houses.
The regulator argues this completes reforms in the Banks and Specialized deposit-taking institutions. But there are a number of issues that need immediate attention.
What are these issues? What can we do about the way forward? Philip Nanfuri and his guests, CEO of Private Enterprise Federation (PEF), Nana Osei Bonsu, Executive Secretary of the Ghana Association of Savings and Loans companies (GHASALC), Tweneboah Koduah Boakye and Executive Secretary of the Association of Finance Houses, Kokui Adu sift through the noise and make us better-informed on the Business Edition of PM EXPRESS on Joy News.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
OSP rebuts Gyampo’s ‘vendetta’ allegation over investigation into Ofori-Atta
42 minutes -
Ukraine still holds ground inside Russia’s Kursk, commander says
1 hour -
Nkwanta South MCE pays courtesy call on national Chief Imam, seeks prayers for peace
2 hours -
Kwasi Sibo helps power Real Oviedo to LaLiga promotion after 24-year wait
2 hours -
Broadcast and Build: How 2 of Ghana’s leading media giants are driving a bold socio-economic reset through strategic trade fairs
2 hours -
Actress Kalsoume Sinare named Ghana’s ambassador to Spain
3 hours -
Nkyinkyim says band music pays, but only with proper investment
4 hours -
Ecobank-JoyNews Habitat Fair: Day 3 promises mouth-watering discounts and great sales
4 hours -
Parents now request music lessons for their children from us – Nkyinkyim band
4 hours -
Arthur K slams NPP for ‘acting in the interest of a small cabal’
4 hours -
Veronica Kumi Yeboah Organises Career Guidance Fair for Students in Tano North
4 hours -
World Refugee Day: Ghana, three others host 160,000 refugees and asylum seekers – EU
4 hours -
Trump calls US strikes on Iran’s nuclear facilities ‘spectacular success’
4 hours -
Asantehene’s son to chart future in Astronomy at Wesleyan University
5 hours -
Mpox crisis: 71% of cases concentrated in Western Region
5 hours